Prime Minister should introduce Make in India Scheme in Rare Earth Industry to full fill domestic Requirement.

Monazite: Major Rare-Earth Mineral

• A phosphate mineral containing 50-60% rare earths.
• The world’s original commercial rare-earth source, simple and well-understood metallurgy.
• Significant quantities are concentrated during heavy-minerals-sands processing — currently, monazite is discarded or stockpiled.
• Major heavy-mineral-sands producers are:
  • Focused on titanium and zircon
  • Not interested in the rare-earth industry, which involves chemical rather than physical processing
  • Link : http://rareearthinvestingnews.com/445-medallion-focused-on-rare-earth-exploration.html
  • Except India, all other country permit to produce Rare Earths by private companies. In India only, the rare earth minerals are discorded along with waste.